Pinoys can now withdraw money from PayPal
I was surprised when I logged-in to my PayPal account recently, it is now possible to withdraw funds through banks in the Philippines. When PayPal was opened to Filipinos about a year ago, the withdrawal of funds through back was not available.
The transfer time will take from 5 to 7 days & it will be free when transferring PhP7,000.00 or more while PhP250.00 will be charged from amount PhP6,999.99 & below. For hassle free transfer, PayPal requires Account Name, Bank Name, Account Number & the 9 digit Bank Code, one must be cautious in completing this informations, a return fee of 250.00 PHP will apply, and your bank may charge additional fees.
This is a welcome note for me, this will quicken my payment transactions, my check usually takes around 2-3 weeks to be delivered.
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This entry was posted on Wednesday, January 30th, 2008 at 11:21 am and is filed under Announcement, Marketing, Money Matters, Paradise Philippines. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
